Graph and download economic data for Producer Price Index by Industry: Home Health Care Services: Primary Services (PCU621610621610P) from Dec 1996 to May 2025 about healthcare, primary, health, services, housing, PPI, industry, inflation, price index, indexes, price, and USA.

Graph and download economic data for Producer Price Index by Industry: Direct Health and Medical Insurance Carriers: Primary Services (PCU524114524114P) from Dec 2002 to May 2025 about medical, primary, health, insurance, services, PPI, industry, inflation, price index, indexes, price, and USA.

Indonesia Consumer Price Index (CPI): 2022=100: Weights: Health: Outpatient Care: Family Planning Costs data was reported at 0.016 % in 2023. This stayed constant from the previous number of 0.016 % for 2022. Indonesia Consumer Price Index (CPI): 2022=100: Weights: Health: Outpatient Care: Family Planning Costs data is updated yearly, averaging 0.016 % from Dec 2022 (Median) to 2023, with 2 observations. The data reached an all-time high of 0.016 % in 2023 and a record low of 0.016 % in 2023. Indonesia Consumer Price Index (CPI): 2022=100: Weights: Health: Outpatient Care: Family Planning Costs data remains active status in CEIC and is reported by Statistics Indonesia. The data is categorized under Indonesia Premium Database’s Inflation – Table ID.IA010: Consumer Price Index: 2022=100: Weights.

Graph and download economic data for Producer Price Index by Industry: Offices of Physicians, Except Mental Health: General/Family Practice (PCU621111621111411) from Dec 1993 to May 2025 about physicians, health, PPI, industry, inflation, price index, indexes, price, and USA.

Health and Medical Insurance Market Outlook

The global health and medical insurance market size was valued at approximately $2.8 trillion in 2023 and is projected to reach around $4.5 trillion by 2032, growing at a compound annual growth rate (CAGR) of 5.4% during the forecast period. This robust growth can be attributed to a combination of factors, including rising healthcare costs, increasing awareness about the importance of health insurance, and an aging global population. The market's expansion is further supported by technological advancements that streamline the insurance process and enhance customer experience.

One of the primary growth drivers in this market is the escalating cost of healthcare services worldwide. Medical inflation is outpacing general inflation, leading to higher out-of-pocket expenses for individuals. This has created a significant demand for health and medical insurance as a financial safety net. Furthermore, advancements in medical technology and the introduction of new treatment methods are contributing to higher healthcare costs, which in turn boosts the demand for insurance coverage. Governments and private entities are increasingly collaborating to make health insurance more accessible and affordable, thus driving market growth.

Another crucial factor contributing to the market's growth is the increasing awareness and understanding of health insurance benefits among the global population. With the proliferation of information through digital media and government initiatives, more people are becoming aware of the financial and health security that insurance provides. Educational campaigns and policy reforms are playing a pivotal role in educating the masses about the necessity of health insurance, thereby leading to higher enrollment rates. Additionally, employers are also recognizing the importance of offering health benefits to their employees, which further adds to the market's growth.

The aging global population is another significant driver for the health and medical insurance market. As the population ages, the prevalence of chronic diseases and the need for long-term care increase. Older adults are more likely to require frequent medical attention, making health insurance a crucial component of their financial planning. This demographic shift is particularly pronounced in developed countries, but emerging markets are also beginning to experience similar trends. Consequently, insurance providers are developing specialized products to cater to the needs of an aging population, thereby expanding their customer base.

Regionally, the market growth is expected to vary significantly. North America currently dominates the market, thanks to high healthcare costs, comprehensive insurance plans, and government mandates like the Affordable Care Act. However, the Asia Pacific region is anticipated to witness the highest growth rate during the forecast period. This can be attributed to improving economic conditions, increased healthcare spending, and growing awareness about health insurance. Countries like China and India are implementing extensive healthcare reforms, making insurance more accessible to their vast populations. Europe and Latin America are also expected to show steady growth, supported by government initiatives and increasing private sector participation.

Type Analysis

The health and medical insurance market can be segmented by type into individual health insurance, family health insurance, critical illness insurance, and others. Individual health insurance plans are designed to cover a single person, offering customized coverage based on personal health needs. This segment is experiencing significant growth due to the increasing number of self-employed individuals and freelancers who require personal health coverage. Additionally, the rise in single-person households is contributing to the demand for individual health insurance plans.

Family health insurance plans cover the entire family under a single policy. These plans are becoming increasingly popular as they offer comprehensive coverage for all family members, often at a lower cost compared to purchasing individual policies for each member. The convenience and cost-effectiveness of family health insurance plans are driving their adoption, especially among young families who are looking to secure their health future. Moreover, insurers are offering flexible plans that can be tailored to meet the specific health needs of families, further boosting this segment.

Critical illness insurance is another vital segment

Graph and download economic data for Producer Price Index by Industry: New Health Care Building Construction: Primary Products (PCU236224236224P) from Jun 2012 to May 2025 about healthcare, primary, health, buildings, construction, new, PPI, industry, inflation, price index, indexes, price, and USA.

Graph and download economic data for Producer Price Index by Industry: Medical Laboratories: Primary Services (PCU621511621511P) from Jun 1994 to May 2025 about medical, primary, services, PPI, industry, inflation, price index, indexes, price, and USA.

The Consumer Price Index (CPI) measures over time the prices of goods and services in major expenditure categories typically purchased by urban consumers. The expenditure categories include food, housing, apparel, transportation, and medical care. Essentially, the Index measures consumer purchasing power by comparing the cost of a fixed set of goods and services (called a market basket) in a specific month relative to the cost of the same market basket in an earlier reference period, designated as the base period. The CPI is calculated for two population groups: urban wage earners and clerical workers (CPI-W) and all urban consumers (CPI-U). The CPI-W population includes those urban families with clerical workers, sales workers, craft workers, operatives, service workers, or laborers in the family unit and is representative of the prices paid by about 40 percent of the United States population. The CPI-U population consists of all urban households (including professional and salaried workers, part-time workers, the self-employed, the unemployed, and retired persons) and is representative of the prices paid by about 80 percent of the United States population. Both populations specifically exclude persons in the military, in institutions, and all persons living outside of urban areas (such as farm families). National indexes for both populations are available for about 350 consumer items and groups of items. In addition, over 100 of the indexes have been adjusted for seasonality. The indexes are monthly with some beginning in 1913. Area indexes are available for 27 urban places. For each area, indexes are presented for about 65 items and groups. The area indexes are produced monthly for 5 areas, bimonthly for 10 areas, and semiannually for 12 urban areas. Regional indexes are available for four regions with about 95 items and groups per region. Beginning with January 1987, regional indexes are monthly, with some beginning as early as 1966. City-size indexes are available for four size classes with about 95 items and groups per class. Beginning with January 1987, these indexes are monthly and most begin in 1977. Regional and city-size indexes are available cross-classified by region and city-size class. For each of the 13 cross-classifications, about 60 items and groups are available. Beginning with January 1987, these indexes are monthly and most begin in 1977. Each index record includes a series identification code that specifies the sample (either all urban consumers or urban wage earners and clerical workers), seasonality (either seasonally adjusted or unadjusted), periodicity (either semiannual or regular), geographic area, index base period, and item number of the index.

India Retail Price Index: Industrial Workers: 2001p: Weights: Personal Care and Effects: Family Planning Equipment data was reported at 0.020 % in Oct 2018. This stayed constant from the previous number of 0.020 % for Sep 2018. India Retail Price Index: Industrial Workers: 2001p: Weights: Personal Care and Effects: Family Planning Equipment data is updated monthly, averaging 0.020 % from Jan 2006 (Median) to Oct 2018, with 154 observations. The data reached an all-time high of 0.020 % in Oct 2018 and a record low of 0.020 % in Oct 2018. India Retail Price Index: Industrial Workers: 2001p: Weights: Personal Care and Effects: Family Planning Equipment data remains active status in CEIC and is reported by Labour Bureau Government of India. The data is categorized under India Premium Database’s Inflation – Table IN.IG031: Retail Price Index: Industrial Workers: 2001=100: Weights: Miscellaneous: Personal Care and Effects.

South Africa Consumer Price Index (CPI): Primary Urban: Health: Medical Services data was reported at 136.200 2008=100 in Dec 2012. This stayed constant from the previous number of 136.200 2008=100 for Nov 2012. South Africa Consumer Price Index (CPI): Primary Urban: Health: Medical Services data is updated monthly, averaging 119.900 2008=100 from Jan 2008 (Median) to Dec 2012, with 60 observations. The data reached an all-time high of 136.200 2008=100 in Dec 2012 and a record low of 93.500 2008=100 in Jan 2008. South Africa Consumer Price Index (CPI): Primary Urban: Health: Medical Services data remains active status in CEIC and is reported by Statistics South Africa. The data is categorized under Global Database’s South Africa – Table ZA.I013: Consumer Price Index: Primary Urban: 2008=100.

South Africa Consumer Price Index (CPI): Primary Urban: Health: Medical Products data was reported at 130.100 2008=100 in Dec 2012. This records an increase from the previous number of 130.000 2008=100 for Nov 2012. South Africa Consumer Price Index (CPI): Primary Urban: Health: Medical Products data is updated monthly, averaging 119.750 2008=100 from Jan 2008 (Median) to Dec 2012, with 60 observations. The data reached an all-time high of 130.100 2008=100 in Dec 2012 and a record low of 96.900 2008=100 in Jan 2008. South Africa Consumer Price Index (CPI): Primary Urban: Health: Medical Products data remains active status in CEIC and is reported by Statistics South Africa. The data is categorized under Global Database’s South Africa – Table ZA.I013: Consumer Price Index: Primary Urban: 2008=100.

Publicly funded practices, who dominate the industry, continue to face mounting pressure. An ageing population, coupled with a rise in chronic illnesses like obesity and diabetes, has led to a surge in demand for healthcare services, whilst growth in government funding has been sluggish. General practices are facing growing staff shortages, with a noticeable decline in the number of fully qualified GPs. 10.5% of the under 40s GP workforce left the service in the year through March 2023 according to NHS Digital and the government's target of employing 6,000 GPs by 2024 hasn’t been met. This shortage has been exacerbated by a lack of resources and funding, leading to increased workloads and mounting stress among GPs. The industry has also witnessed the emergence of private-sector providers as a competitive alternative for patients seeking faster access to healthcare services. Low disposable income, amid high inflation, has squashed some demand for private care and but long NHS waiting times for appointments has caused demand for private providers to rise. COVID-19 took its toll on GP's performance in 2020-21, with a 41.8% decline in appointments due to social distancing measures between January 2020 and April 2020, according to NHS Digital. Revenue is bouncing back, but it dipped slightly in 2022-23 due to additional emergency funding made available in the year before due to COVID-19 pressures. Revenue is expected to marginally contract at a compound annual rate of 0.5% over the five years through 2024-25, but is increasing 1.6% to £16.1 billion in 2024-25. To help ease pressure on GPs, the government plans to boost NHS funding and GP services. With practices facing an ever widening shortage of GP staff per patient, the government has committed to doubling medical places and increasing GP speciality training places to boost staffing levels. Rising obesity levels and health consciousness will support demand for practices. Through the end of 2029-30, revenue is forecast to expand at a compound annual rate of 2.2% to reach £18 billion.

Graph and download economic data for Producer Price Index by Industry: Nursing Care Facilities: Primary Services (PCU623110623110P) from Dec 1994 to May 2025 about nursing homes, nursing, primary, services, PPI, industry, inflation, price index, indexes, price, and USA.

Graph and download economic data for Producer Price Index by Industry: General Medical and Surgical Hospitals: Primary Services (PCU622110622110P) from Dec 1992 to May 2025 about surgical, hospitals, medical, primary, services, PPI, industry, inflation, price index, indexes, price, and USA.

Graph and download economic data for Producer Price Index by Industry: Support Activities for Coal Mining: Primary Services (PCU213113213113P) from Jun 1985 to May 2025 about support activities, coal, primary, mining, services, PPI, industry, inflation, price index, indexes, price, and USA.

Graph and download economic data for Producer Price Index by Industry: Support Activities for Printing: Primary Products (PCU323120323120P) from Dec 2011 to May 2025 about support activities, printing, primary, PPI, industry, inflation, price index, indexes, price, and USA.

Graph and download economic data for Producer Price Index by Industry: Support Activities for Nonmetallic Minerals (Except Fuels) Mining: Primary Services (PCU213115213115P) from Jun 1985 to Sep 2022 about support activities, nonmetallic, minerals, primary, services, PPI, industry, inflation, price index, indexes, price, and USA.

Graph and download economic data for Producer Price Index by Industry: Support Activities for Metal Mining: Primary Services (PCU213114213114P) from Dec 1985 to May 2023 about support activities, primary, mining, metals, services, PPI, industry, inflation, price index, indexes, price, and USA.

Graph and download economic data for Producer Price Index by Industry: Other Support Activities for Air Transportation: Primary Services (PCU488190488190P) from Jun 1992 to May 2025 about support activities, air travel, travel, primary, transportation, services, PPI, industry, inflation, price index, indexes, price, and USA.

Graph and download economic data for Producer Price Index by Industry: Support Activities for Oil and Gas Operations: Primary Services (PCU213112213112P) from Dec 1985 to May 2025 about support activities, operating, primary, oil, gas, services, PPI, industry, inflation, price index, indexes, price, and USA.